거버넌스 제안 상세
제안서 상세 내용과 투표 현황을 확인하세요.
한글 버전
UTxO RPC는 UTxO 기반 블록체인과의 상호작용을 단순화하는 인터페이스 사양으로, 표준화된 메서드, 데이터 구조, 통신 패턴을 정의함.
이를 통해 다양한 SDK와 상세 문서 제공으로 재사용성, 상호운용성, 성능을 향상시키며, 현재 Cardano 생태계의 Lace, Mesh, Amaru 등 주요 프로젝트에서 초기 단계부터 채택되고 있음.
오픈소스 프로젝트로 커뮤니티 기여를 환영하며, 개발, 유지보수, 기능 개선을 위해 0.5 FTE 블록체인 개발자와 0.125 FTE 기술 리드 인력에 대한 자금 지원을 요청함.
이 출금 요청은 Intersect가 벤더를 대신해 제출했으며, 총 ₳275.3M 규모 예산 중 39개 제안 중 하나임.
UTxO RPC는 gRPC를 활용해 고성능 바이너리 포맷으로 블록체인 노드와 효율적 통신을 지원하며, Blaze, Mesh, Demeter.run 같은 서비스와 연동 가능함.
주요 특징은 다음과 같음:
- **표준화된 인터페이스**로 UTxO 기반 블록체인 간 호환성 보장
- **성능 최적화**된 gRPC 통신으로 네트워크 오버헤드 최소화
- **유연한 제공 옵션**으로 호스팅 서비스, 로컬 노드(Dolos) 등 다양한 환경에서 사용 가능
이로써 Cardano 블록체인과의 통합을 간소화하고, 개발자 경험과 생태계 확장에 기여함[1][2][3][4][5].
---
**주석**
- UTxO: Unspent Transaction Output, 사용되지 않은 거래 출력
- FTE: Full-Time Equivalent, 전일제 근무자 수
- gRPC: 구글이 개발한 고성능 원격 프로시저 호출 프로토콜
**UTxO RPC**는 gRPC를 활용해 고성능 바이너리 포맷으로 Cardano 블록체인과의 거래 생성, 서명, 제출을 표준화된 인터페이스로 지원함.
이를 통해 개발자들은 **상호운용성, 재사용성, 성능** 측면에서 이점을 얻으며, Lace, Mesh, Amaru 같은 주요 Cardano 프로젝트에서 이미 채택되어 사용 중임[1].
Cardano는 EUTXO(Extended UTXO) 모델을 사용하는 PoS(Proof of Stake) 기반 블록체인으로, 이 모델은 결정론적 거래 처리와 명확한 상태 관리를 가능하게 하여 신뢰성과 확장성을 제공함[2][3].
UTxO RPC는 Cardano의 트랜잭션 입력과 출력을 효율적으로 다루며, 다양한 네트워크 환경(로컬 노드, 클라우드 호스팅 등)에서 유연하게 작동함[1][4].
이 제안은 UTxO RPC가 Cardano 생태계의 변화하는 요구에 맞춰 지속적으로 활성화되고 최신 상태를 유지할 수 있도록 하는 데 필요한 자금을 확보하는 데 중점을 둠.
---
**주석**
- UTxO: Unspent Transaction Output, 미사용 거래 출력
- gRPC: Google Remote Procedure Call, 고성능 원격 프로시저 호출 프로토콜
- EUTXO: Extended Unspent Transaction Output, Cardano의 확장된 UTxO 모델
- PoS: Proof of Stake, 지분 증명 합의 알고리즘
지속적인 업데이트, 성능 개선, 신규 기능 개발로 인터페이스의 유효성과 효율성을 유지하며, 블록체인 통합을 단순화하고 개발자 복잡성을 줄여 신규 프로젝트의 UTxO RPC 도입을 용이하게 함.
이로써 생태계에 더 나은 서비스를 제공하고 장기적인 개발자 요구를 지원할 수 있음.
벤더 프로필에 따르면, **TxPipe는 3년 이상 Cardano 생태계에서 오픈소스 도구를 개발해온 활동적인 멤버**임.
여러 dApp 개발 경험과 IOG의 Partnerchain SDK를 활용한 체인 개발 참여 경험이 있어 프로젝트 실현 가능성과 개발자 관점의 이점을 평가할 수 있음.
또한, 여러 Catalyst 제안 프로젝트를 성공적으로 완료해 해당 유형 프로젝트 수행 역량을 입증했음.
개발 과정과 결과물은 모두 공개 오픈소스로 진행되어 커뮤니티와 Catalyst 팀이 진행 상황을 쉽게 평가할 수 있음.
계약 관리는 Cardano Development Holdings(CDH)와 벤더 간 오프체인 법적 계약서 작성으로 이루어지며, Intersect가 관리함.
계약서에는 프로젝트 일정과 분쟁 해결 절차가 포함됨.
프로젝트 납품은 Intersect가 CDH를 대리해 벤더와 합의한 마일스톤, 수락 기준, 지급 금액, 납기일에 따라 진행됨.
벤더는 계약서에 명시된 일정에 맞춰 납품하며, 마일스톤 수락은 커뮤니티, Intersect 또는 제3자 검증자가 확인함.
Intersect의 납품 보증 기능으로 프로젝트 진행 상황을 모니터링하며, 제3자 검증자가 각 마일스톤 산출물 검토 및 승인 역할을 수행함.
이 검증 비용은 재무 출금 일부에서 충당됨.
재무 관리 도구로 Intersect는 Sundae Labs가 개발한 온체인 재무 관리 스마트 계약 프레임워크를 사용함.
이 스마트 계약은 TxPipe와 MLabs의 감사를 포함해 광범위하게 테스트되었음.
Intersect는 단일 Treasury Reserve Smart Contract(TRSC)와 다수의 Project-Specific Smart Contracts(PSSC)를 관리하며, 3명의 Intersect 관리자와 2명의 리더십, 그리고 Sundae Labs, Cardano Foundation, Dquadrant, Xerberus, NMKR로 구성된 5인 외부 독립 Oversight Committee가 상호 견제 역할을 수행함.
주요 권한 승인에는 관리자, 리더십, 신뢰된 외부 기관의 다중 서명이 필요함.
자금은 TRSC의 스테이크 계정으로 입금되며, SPO에 스테이킹되지 않고 자동 거부 DRep에 위임됨.
법적 계약 준비 및 벤더 준비 완료 시, 자금은 PSSC로 이체되어 마일스톤별 메타데이터와 함께 관리됨.
커뮤니티는 대시보드를 통해 TRSC와 PSSC를 감사하고 온체인에서 불변 검증 가능함.
이 계약 관리, 프로젝트 납품, 예산 관리 도구는 Cardano 헌법 제4조 4, 5항의 요구사항을 충족함.
---
**주석**
- UTxO: Unspent Transaction Output, 사용되지 않은 거래 출력
- RPC: Remote Procedure Call, 원격 프로시저 호출
- dApp: Decentralized Application, 분산형 애플리케이션
- Catalyst: Cardano의 커뮤니티 펀딩 및 제안 플랫폼
- SPO: Stake Pool Operator, 스테이크 풀 운영자
- DRep: Delegated Representative, 위임 대표
- TRSC: Treasury Reserve Smart Contract, 재무 예비 스마트 계약
- PSSC: Project-Specific Smart Contract, 프로젝트별 스마트 계약
English
This request for support focuses on UTxO RPC [https://utxorpc.org](https://utxorpc.org) an interface specification designed to simplify interactions with UTxO-based blockchains. U5C defines standardized methods, data structures, and communication patterns. By providing a range of SDKs, and offering thorough documentation, U5C enhances reusability, interoperability, and performance in blockchain integrations. Currently in its early stages, UTxO RPC is already being adopted by key projects in the Cardano ecosystem, including Lace, Mesh, Amaru, and many others. As an open-source initiative, it welcomes contributions from the community, fostering a collaborative approach to improving blockchain infrastructure. To support its ongoing development, maintenance, and enhancements, we are requesting funding for the following roles: 0.5 FTE blockchain developer and 0.125 FTE tech lead.
This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.
This treasury withdrawal funds one of 39 proposals to give effect to the approved budget info action for ₳275,269,340, administered by Intersect via gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh. The information provided herein is intended to fulfill the spirit of the constitutional requirement for a treasury withdrawal info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.
UTxO RPC simplifies interactions with UTxO-based blockchains by providing a standardized interface for blockchain integrations. It enhances interoperability, reusability, and performance for developers, and has already seen adoption by major Cardano projects like Lace, Mesh, and Amaru. To fully unlock its potential for the Cardano community, UTxO RPC requires ongoing maintenance and enhancements. This proposal seeks funding to keep it active, up-to-date, and aligned with the evolving needs of the ecosystem.
Securing funding for UTxO RPC ensures it remains actively maintained and continues to evolve with the Cardano ecosystem's needs. Ongoing updates, performance improvements, and new feature development will ensure the interface stays relevant and effective. This support will help simplify blockchain integrations, reduce complexity for developers, and improve overall performance, making it easier for new projects to adopt UTxO RPC. With continued maintenance, UTxO RPC can better serve the ecosystem and support long-term developer needs.
### Vendor Profile
TxPipe is an active member of the Cardano ecosystem
TxPipe has been developing open-source tools for the Cardano ecosystem for over 3 years and we're not going anywhere. Evidence of our commitment can be found by evaluating the continuous activity of our public code repositories.
Experience developing in the Cardano ecosystem
TxPipe has helped developed several dApps for the Cardano ecosystem. This experience allows us to evaluate the feasibility of the project and its potential benefit from a developer's perspective. We've also participated in development of chains using the released version of the IOG's Partnerchain SDK.
Successful Catalyst proposals
We have successfully completed several Catalyst proposals. This may serve as evidence that our team has the required capabilities to fulfill these type of projects.
Development process will be public and open-source
Both the output and the development process will be public and open-source. This approach provides an easy way for the Catalyst team and the Cardano community to evaluate the progress at each step of the process.
### Contract Management
A written off-chain Legal Contract will be created between the Vendor and the Cardano Development Holdings (CDH), as mandated by the constitution, and will be administered by Intersect. This will include details of the project delivery schedule and dispute resolution.
### Project Delivery
All milestones, acceptance criteria, payment amounts and expected delivery dates will be agreed between the Vendor and Intersect, acting on behalf of the CDH. The vendor will deliver according to the agreed-upon project schedule within the Legal Contract, of which the necessary information will be made public via the budget management platform via transaction metadata.
Defined by the milestones within a Legal Contract, the vendor will submit and attest milestone acceptance to the community, Intersect or 3rd Party Assurer.
Project progress will be monitored via Intersect's delivery assurance function which will be communicated to the community.
Acceptance of the above work is expected to be supported by a 3rd Party Assurer, who will be responsible for reviewing and signing off the work completed at each project milestone against the corresponding milestone deliverables detailed within the Legal Contract. This work is funded from a portion of this treasury withdrawal.
### Budget Management Tooling
To administrate treasury funds on-chain, Intersect will utilize the treasury management smart contract framework developed by Sundae Labs. The smart contracts have been [extensively tested](https://github.com/SundaeSwap-finance/treasury-contracts/tree/main/offchain/tests) including audits from TxPipe and MLabs. Examples of the usage of these contracts can be seen across mainnet described across Intersect authored [Blog 1](https://www.intersectmbo.org/news/smart-contract-mainnet-demo-a-step-toward-on-chain-treasury-withdrawals), [Blog 2](https://www.intersectmbo.org/news/smart-contract-mainnet-demo-day-two-update) and [Blog 3](https://www.intersectmbo.org/news/smart-contract-mainnet-demo-day-three-update).
Final mainnet validation test can be seen via the Disburse action within transaction: 0f591dc544ae14102dbb4a74d5311a6acffc1772b163d8b7a9656b9525950b17
With the confirmed treasury reserve contract address being: stake17xzc8pt7fgf0lc0x7eq6z7z6puhsxmzktna7dluahrj6g6ghh5qjr
#### Specifics
Intersect will utilize a single Treasury Reserve Smart Contract (TRSC), with many Project-Specific Smart Contracts (PSSC), managed by Intersect. Intersect's management consists of three 'admin' and two Intersect 'leadership' roles. An Oversight Committee consisting of five external, independent third-party entities will provide checks and balances on Intersect, and safeguard against errors and unilateral control. The administration of both TRSC and PSSCs will be managed by Intersect, with external oversight on certain actions from the Oversight Committee.
The Oversight Committee consists of Sundae Labs, Cardano Foundation, Dquadrant, Xerberus and NMKR. Their role is to independently verify key administrative actions using on-chain logic, ensuring accuracy and consistency without exercising discretion over governance decisions.
For all details on Intersect's configuration please see the **[Smart Contract Guide](https://docs.intersectmbo.org/cardano-facilitation-services/cardano-budget/intersect-administration-services/smart-contracts-as-part-of-our-administration)** on the knowledgebase.
The high level permissions are as follows:
- TRSC Fund and PSSC Modify
- Two of the three Intersect admins, two of the five trusted entities and one of the two Intersect leadership sign-off must authorize
- TRSC Disperse
- Two of three Intersect admins, three of five trusted entities and two of two Intersect leadership sign-off must authorize
- TRSC Pause and Resume
- Two of three Intersect admins, and one of two Intersect leadership sign-off must authorize
- TRSC Sweep
- One of three Intersect admins, and one of two Intersect leadership sign-off must authorize
- TRSC Reorganize
- Two of three Intersect admins and three of five trusted entities must authorize
#### Processes
Upon enactment of this governance action, funding for this project will be directed into the TRSC's stake account. All instances of TRSC and PSSC can not be staked with a SPO and will be delegated to the auto-abstain predefined DRep. From here funds will be withdrawn into a UTxO remaining at the TRSC.
When the Legal contract is prepared and the vendor is ready, funding for this project will be transferred using the Fund action to a PSSC. All milestones will be outlined within the metadata.
A dashboard will be available for the community to audit the TRSC or PSSC and track metrics related to this withdrawn ada as well as being immutably verifiable on chain.
The subsections; Contract Management, Project Delivery, and Budget Management Tooling described above cover the constitutional requirements specified in Article IV section 4 and 5.
부가 정보
| 트랜잭션 해시 | 8ad3d454f3496a35cb0d07b0fd32f687f66338b7d60e787fc0a22939e5d8833e |
|---|---|
| 블록 타임 | 1752853257 |
| Proposal ID | gov_action13tfag48nf94rtjcdq7c06vhkslmxxw9h6c88sl7q5g5nnewcsvlq2yeptuu |
| Proposal Index | 5 |
"₳220,914 출금: UTxO RPC를 통한 카르다노 블록체인 통합 유지"
현재 어디까지 왔나
📊 제안서 투표현황
DRep 투표현황
SPO 투표현황
헌법위원회 투표현황
📝 상세 설명
🇰🇷 한글 버전
UTxO RPC는 UTxO 기반 블록체인과의 상호작용을 단순화하는 인터페이스 사양으로, 표준화된 메서드, 데이터 구조, 통신 패턴을 정의함.
이를 통해 다양한 SDK와 상세 문서 제공으로 재사용성, 상호운용성, 성능을 향상시키며, 현재 Cardano 생태계의 Lace, Mesh, Amaru 등 주요 프로젝트에서 초기 단계부터 채택되고 있음.
오픈소스 프로젝트로 커뮤니티 기여를 환영하며, 개발, 유지보수, 기능 개선을 위해 0.5 FTE 블록체인 개발자와 0.125 FTE 기술 리드 인력에 대한 자금 지원을 요청함.
이 출금 요청은 Intersect가 벤더를 대신해 제출했으며, 총 ₳275.3M 규모 예산 중 39개 제안 중 하나임.
UTxO RPC는 gRPC를 활용해 고성능 바이너리 포맷으로 블록체인 노드와 효율적 통신을 지원하며, Blaze, Mesh, Demeter.run 같은 서비스와 연동 가능함.
주요 특징은 다음과 같음:
- **표준화된 인터페이스**로 UTxO 기반 블록체인 간 호환성 보장
- **성능 최적화**된 gRPC 통신으로 네트워크 오버헤드 최소화
- **유연한 제공 옵션**으로 호스팅 서비스, 로컬 노드(Dolos) 등 다양한 환경에서 사용 가능
이로써 Cardano 블록체인과의 통합을 간소화하고, 개발자 경험과 생태계 확장에 기여함[1][2][3][4][5].
---
**주석**
- UTxO: Unspent Transaction Output, 사용되지 않은 거래 출력
- FTE: Full-Time Equivalent, 전일제 근무자 수
- gRPC: 구글이 개발한 고성능 원격 프로시저 호출 프로토콜
**UTxO RPC**는 gRPC를 활용해 고성능 바이너리 포맷으로 Cardano 블록체인과의 거래 생성, 서명, 제출을 표준화된 인터페이스로 지원함.
이를 통해 개발자들은 **상호운용성, 재사용성, 성능** 측면에서 이점을 얻으며, Lace, Mesh, Amaru 같은 주요 Cardano 프로젝트에서 이미 채택되어 사용 중임[1].
Cardano는 EUTXO(Extended UTXO) 모델을 사용하는 PoS(Proof of Stake) 기반 블록체인으로, 이 모델은 결정론적 거래 처리와 명확한 상태 관리를 가능하게 하여 신뢰성과 확장성을 제공함[2][3].
UTxO RPC는 Cardano의 트랜잭션 입력과 출력을 효율적으로 다루며, 다양한 네트워크 환경(로컬 노드, 클라우드 호스팅 등)에서 유연하게 작동함[1][4].
이 제안은 UTxO RPC가 Cardano 생태계의 변화하는 요구에 맞춰 지속적으로 활성화되고 최신 상태를 유지할 수 있도록 하는 데 필요한 자금을 확보하는 데 중점을 둠.
---
**주석**
- UTxO: Unspent Transaction Output, 미사용 거래 출력
- gRPC: Google Remote Procedure Call, 고성능 원격 프로시저 호출 프로토콜
- EUTXO: Extended Unspent Transaction Output, Cardano의 확장된 UTxO 모델
- PoS: Proof of Stake, 지분 증명 합의 알고리즘
지속적인 업데이트, 성능 개선, 신규 기능 개발로 인터페이스의 유효성과 효율성을 유지하며, 블록체인 통합을 단순화하고 개발자 복잡성을 줄여 신규 프로젝트의 UTxO RPC 도입을 용이하게 함.
이로써 생태계에 더 나은 서비스를 제공하고 장기적인 개발자 요구를 지원할 수 있음.
벤더 프로필에 따르면, **TxPipe는 3년 이상 Cardano 생태계에서 오픈소스 도구를 개발해온 활동적인 멤버**임.
여러 dApp 개발 경험과 IOG의 Partnerchain SDK를 활용한 체인 개발 참여 경험이 있어 프로젝트 실현 가능성과 개발자 관점의 이점을 평가할 수 있음.
또한, 여러 Catalyst 제안 프로젝트를 성공적으로 완료해 해당 유형 프로젝트 수행 역량을 입증했음.
개발 과정과 결과물은 모두 공개 오픈소스로 진행되어 커뮤니티와 Catalyst 팀이 진행 상황을 쉽게 평가할 수 있음.
계약 관리는 Cardano Development Holdings(CDH)와 벤더 간 오프체인 법적 계약서 작성으로 이루어지며, Intersect가 관리함.
계약서에는 프로젝트 일정과 분쟁 해결 절차가 포함됨.
프로젝트 납품은 Intersect가 CDH를 대리해 벤더와 합의한 마일스톤, 수락 기준, 지급 금액, 납기일에 따라 진행됨.
벤더는 계약서에 명시된 일정에 맞춰 납품하며, 마일스톤 수락은 커뮤니티, Intersect 또는 제3자 검증자가 확인함.
Intersect의 납품 보증 기능으로 프로젝트 진행 상황을 모니터링하며, 제3자 검증자가 각 마일스톤 산출물 검토 및 승인 역할을 수행함.
이 검증 비용은 재무 출금 일부에서 충당됨.
재무 관리 도구로 Intersect는 Sundae Labs가 개발한 온체인 재무 관리 스마트 계약 프레임워크를 사용함.
이 스마트 계약은 TxPipe와 MLabs의 감사를 포함해 광범위하게 테스트되었음.
Intersect는 단일 Treasury Reserve Smart Contract(TRSC)와 다수의 Project-Specific Smart Contracts(PSSC)를 관리하며, 3명의 Intersect 관리자와 2명의 리더십, 그리고 Sundae Labs, Cardano Foundation, Dquadrant, Xerberus, NMKR로 구성된 5인 외부 독립 Oversight Committee가 상호 견제 역할을 수행함.
주요 권한 승인에는 관리자, 리더십, 신뢰된 외부 기관의 다중 서명이 필요함.
자금은 TRSC의 스테이크 계정으로 입금되며, SPO에 스테이킹되지 않고 자동 거부 DRep에 위임됨.
법적 계약 준비 및 벤더 준비 완료 시, 자금은 PSSC로 이체되어 마일스톤별 메타데이터와 함께 관리됨.
커뮤니티는 대시보드를 통해 TRSC와 PSSC를 감사하고 온체인에서 불변 검증 가능함.
이 계약 관리, 프로젝트 납품, 예산 관리 도구는 Cardano 헌법 제4조 4, 5항의 요구사항을 충족함.
---
**주석**
- UTxO: Unspent Transaction Output, 사용되지 않은 거래 출력
- RPC: Remote Procedure Call, 원격 프로시저 호출
- dApp: Decentralized Application, 분산형 애플리케이션
- Catalyst: Cardano의 커뮤니티 펀딩 및 제안 플랫폼
- SPO: Stake Pool Operator, 스테이크 풀 운영자
- DRep: Delegated Representative, 위임 대표
- TRSC: Treasury Reserve Smart Contract, 재무 예비 스마트 계약
- PSSC: Project-Specific Smart Contract, 프로젝트별 스마트 계약
🇺🇸 English
This request for support focuses on UTxO RPC [https://utxorpc.org](https://utxorpc.org) an interface specification designed to simplify interactions with UTxO-based blockchains. U5C defines standardized methods, data structures, and communication patterns. By providing a range of SDKs, and offering thorough documentation, U5C enhances reusability, interoperability, and performance in blockchain integrations. Currently in its early stages, UTxO RPC is already being adopted by key projects in the Cardano ecosystem, including Lace, Mesh, Amaru, and many others. As an open-source initiative, it welcomes contributions from the community, fostering a collaborative approach to improving blockchain infrastructure. To support its ongoing development, maintenance, and enhancements, we are requesting funding for the following roles: 0.5 FTE blockchain developer and 0.125 FTE tech lead.
This Treasury Withdrawal is submitted by Intersect on behalf of the vendor. The following sections; Abstract, Motivation, Rationale and Vendor Profile have been sourced from the approved proposal submitted by the Vendor as part of the Intersect budget process.
This treasury withdrawal funds one of 39 proposals to give effect to the approved budget info action for ₳275,269,340, administered by Intersect via gov_action1u9x73kwufaxa70lfy59g4ynwyrcsaxdcd0gxzzmh67s9fxq4j8hqqk2phgh. The information provided herein is intended to fulfill the spirit of the constitutional requirement for a treasury withdrawal info action by also providing the details of the proposed solution, alignment to the budget, and amount to be withdrawn from the Cardano Treasury.
UTxO RPC simplifies interactions with UTxO-based blockchains by providing a standardized interface for blockchain integrations. It enhances interoperability, reusability, and performance for developers, and has already seen adoption by major Cardano projects like Lace, Mesh, and Amaru. To fully unlock its potential for the Cardano community, UTxO RPC requires ongoing maintenance and enhancements. This proposal seeks funding to keep it active, up-to-date, and aligned with the evolving needs of the ecosystem.
Securing funding for UTxO RPC ensures it remains actively maintained and continues to evolve with the Cardano ecosystem's needs. Ongoing updates, performance improvements, and new feature development will ensure the interface stays relevant and effective. This support will help simplify blockchain integrations, reduce complexity for developers, and improve overall performance, making it easier for new projects to adopt UTxO RPC. With continued maintenance, UTxO RPC can better serve the ecosystem and support long-term developer needs.
### Vendor Profile
TxPipe is an active member of the Cardano ecosystem
TxPipe has been developing open-source tools for the Cardano ecosystem for over 3 years and we're not going anywhere. Evidence of our commitment can be found by evaluating the continuous activity of our public code repositories.
Experience developing in the Cardano ecosystem
TxPipe has helped developed several dApps for the Cardano ecosystem. This experience allows us to evaluate the feasibility of the project and its potential benefit from a developer's perspective. We've also participated in development of chains using the released version of the IOG's Partnerchain SDK.
Successful Catalyst proposals
We have successfully completed several Catalyst proposals. This may serve as evidence that our team has the required capabilities to fulfill these type of projects.
Development process will be public and open-source
Both the output and the development process will be public and open-source. This approach provides an easy way for the Catalyst team and the Cardano community to evaluate the progress at each step of the process.
### Contract Management
A written off-chain Legal Contract will be created between the Vendor and the Cardano Development Holdings (CDH), as mandated by the constitution, and will be administered by Intersect. This will include details of the project delivery schedule and dispute resolution.
### Project Delivery
All milestones, acceptance criteria, payment amounts and expected delivery dates will be agreed between the Vendor and Intersect, acting on behalf of the CDH. The vendor will deliver according to the agreed-upon project schedule within the Legal Contract, of which the necessary information will be made public via the budget management platform via transaction metadata.
Defined by the milestones within a Legal Contract, the vendor will submit and attest milestone acceptance to the community, Intersect or 3rd Party Assurer.
Project progress will be monitored via Intersect's delivery assurance function which will be communicated to the community.
Acceptance of the above work is expected to be supported by a 3rd Party Assurer, who will be responsible for reviewing and signing off the work completed at each project milestone against the corresponding milestone deliverables detailed within the Legal Contract. This work is funded from a portion of this treasury withdrawal.
### Budget Management Tooling
To administrate treasury funds on-chain, Intersect will utilize the treasury management smart contract framework developed by Sundae Labs. The smart contracts have been [extensively tested](https://github.com/SundaeSwap-finance/treasury-contracts/tree/main/offchain/tests) including audits from TxPipe and MLabs. Examples of the usage of these contracts can be seen across mainnet described across Intersect authored [Blog 1](https://www.intersectmbo.org/news/smart-contract-mainnet-demo-a-step-toward-on-chain-treasury-withdrawals), [Blog 2](https://www.intersectmbo.org/news/smart-contract-mainnet-demo-day-two-update) and [Blog 3](https://www.intersectmbo.org/news/smart-contract-mainnet-demo-day-three-update).
Final mainnet validation test can be seen via the Disburse action within transaction: 0f591dc544ae14102dbb4a74d5311a6acffc1772b163d8b7a9656b9525950b17
With the confirmed treasury reserve contract address being: stake17xzc8pt7fgf0lc0x7eq6z7z6puhsxmzktna7dluahrj6g6ghh5qjr
#### Specifics
Intersect will utilize a single Treasury Reserve Smart Contract (TRSC), with many Project-Specific Smart Contracts (PSSC), managed by Intersect. Intersect's management consists of three 'admin' and two Intersect 'leadership' roles. An Oversight Committee consisting of five external, independent third-party entities will provide checks and balances on Intersect, and safeguard against errors and unilateral control. The administration of both TRSC and PSSCs will be managed by Intersect, with external oversight on certain actions from the Oversight Committee.
The Oversight Committee consists of Sundae Labs, Cardano Foundation, Dquadrant, Xerberus and NMKR. Their role is to independently verify key administrative actions using on-chain logic, ensuring accuracy and consistency without exercising discretion over governance decisions.
For all details on Intersect's configuration please see the **[Smart Contract Guide](https://docs.intersectmbo.org/cardano-facilitation-services/cardano-budget/intersect-administration-services/smart-contracts-as-part-of-our-administration)** on the knowledgebase.
The high level permissions are as follows:
- TRSC Fund and PSSC Modify
- Two of the three Intersect admins, two of the five trusted entities and one of the two Intersect leadership sign-off must authorize
- TRSC Disperse
- Two of three Intersect admins, three of five trusted entities and two of two Intersect leadership sign-off must authorize
- TRSC Pause and Resume
- Two of three Intersect admins, and one of two Intersect leadership sign-off must authorize
- TRSC Sweep
- One of three Intersect admins, and one of two Intersect leadership sign-off must authorize
- TRSC Reorganize
- Two of three Intersect admins and three of five trusted entities must authorize
#### Processes
Upon enactment of this governance action, funding for this project will be directed into the TRSC's stake account. All instances of TRSC and PSSC can not be staked with a SPO and will be delegated to the auto-abstain predefined DRep. From here funds will be withdrawn into a UTxO remaining at the TRSC.
When the Legal contract is prepared and the vendor is ready, funding for this project will be transferred using the Fund action to a PSSC. All milestones will be outlined within the metadata.
A dashboard will be available for the community to audit the TRSC or PSSC and track metrics related to this withdrawn ada as well as being immutably verifiable on chain.
The subsections; Contract Management, Project Delivery, and Budget Management Tooling described above cover the constitutional requirements specified in Article IV section 4 and 5.